|Bid||100.70 x 800|
|Ask||103.33 x 1100|
|Day's Range||102.21 - 103.56|
|52 Week Range||87.54 - 111.77|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||27.08|
|Earnings Date||Oct 18, 2018|
|Forward Dividend & Yield||1.56 (1.52%)|
|1y Target Est||114.77|
Global credit card and payments companies like American Express, Visa and MasterCard are facing a challenge in meeting a requirement to store transaction data for all Indian customers within the country. It was unclear if foreign payment vendors like American Express, Visa and MasterCard had met the deadline or if India's central bank would take any immediate action for non-compliance.
The specter of higher interest rates creates a sense of uncertainty throughout the economy. As borrowing costs rise, profit margins fall, and many ventures become unprofitable altogether. However, the economy’s pain tends to become a gain for bank stocks. Charging more in interest pads the margins for banks after existing in a low-rate environment for the last few years.
Grubhub, Cheesecake Factory, Shake Shack, and Ruth's Hospitality Group will be big beneficiaries of a new statement credit feature for American Express Gold Card users.
NEW YORK, Oct. 15, 2018 -- Pomerantz LLP is investigating claims on behalf of investors of American Express Company (“American Express” or the “Company”) (NYSE: AXP). Investors.
As the stock market has cooled in October, the stability of Walmart (NYSE:WMT) has made it a hot stock. The rally began in August after the company reported 4.5% growth in U.S. year-over-year sales . Since then, the shares are up about 8%, while the average Nasdaq stock is down 4%.
American Express Company (NYSE: AXP) and Ethoca, a leading provider of collaboration-based technology solutions for merchants and card issuers, today announced they are working together to help American Express U.S. merchants and card members more quickly resolve disputes related to card purchases. American Express has deployed the Ethoca Eliminator solution in its latest step to help merchants reduce time and costs spent handling disputes. With Ethoca Eliminator, American Express can help prevent disputes for U.S. merchants by providing more detailed transaction information in real-time to card members who call customer service because they do not recognize a charge on their account.
American Express (AXP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
One of the most overlooked $54 billion companies in the market is medical devices maker Boston Scientific, which is enjoying a great year. Most of the airline sector is boasting attractive valuations right now, and UAL stands out as it has shown great relative strength versus its peers this year.
CNBC's Jim Cramer clues investors in to what he'll be watching in the week ahead as stocks try to recover from a dramatic sell-off. The "Mad Money" host has his eye on earnings from Bank of America, Netflix and more. Friday's volatile trading session may have helped stocks pare their losses from earlier in the week, but CNBC's Jim Cramer said it would take more than a market rally in China to mount a sustainable recovery.
People flock to ACL for the music, but they stand in long lines for tacos, beer and air conditioning. Find out what it takes to get a big corporate sponsorship up and running, and what it's worth to companies like American Express.
American Express (AXP) is announcing the initial launch of Early Pay, a supply chain finance and dynamic discounting solution, as the newest addition to its suite of business financing options. Eligible large U.S. companies who buy goods and services from U.S.-based suppliers can leverage the solution as a way to increase cash flow, generate working capital, and make their supplier payment process more efficient. “Access to money and improving efficiency are crucial for the growth of both corporations and the companies they work with,” said Gina Taylor Cotter, Senior Vice President and General Manager, Global Commercial Financing at American Express.
The Reserve Bank of India (RBI) will implement in full its directive that forces global payment companies to store data locally from this month, four sources told Reuters, a blow to the firms who had lobbied to dilute the measure. "They specifically said no mirroring, the meeting was bad (for the industry), it's pretty clear," said one of the industry sources.
The Reserve Bank of India will implement in full its directive that forces global payment companies to store data locally from this month, four sources told Reuters, a blow to the firms who had lobbied to dilute the measure. The central bank in April said all payments data should within six months be stored only in the country for "unfettered supervisory access". The directive is part of a wider push by India to ask companies to store more of their data locally at a time when governments globally are enforcing more stringent rules to protect user data.
The middle child of American Express' suite of charge cards, the Gold Card, is getting a major upgrade this fall, but its bigger perks are going to come with a higher fee. It's the latest move by American Express to keep and grow its card member base in the face of increased competition. The Gold Card has, for some time, sat between the sub-$100 annual fee cards like Chase's Sapphire Preferred, Citi's ThankYou Premier Card and the super-premium cards like the Platinum Card or Sapphire Reserve, which grant airport lounge access or have big travel credits.
American Express (NYSE:AXP) today announced it has selected IPG/Universal McCann (UM) to support its strategic media planning and buying globally. This announcement follows the completion of a global media agency review that the company initiated in June of this year. Beginning January 2019, UM will work across American Express and in collaboration with its creative agencies to help the company deliver its new global brand platform, “Powerful Backing.” Launched earlier this year, “Powerful Backing” is focused on communicating all the ways American Express backs its customers in life and business to help them thrive.
Moody's also affirms the existing ratings of Notes issued by Penarth Master Issuer Plc's program. Today's rating action reflects the characteristics of the Rated Notes which are ultimately backed by credit-card receivables in the Penarth receivables trust.
American Express Chief Financial Officer, Jeffrey C. Campbell, will participate in the Bank of America Future of Financials Conference in New York City, on Tuesday, November 6, 2018, at 11:40 a.m.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Alexis Christoforous to discuss the latest market moves.
Credit card interest rates, on average, now top 17%, the highest level in 2 years. That’s according to a study by the website CreditCards.com. Yahoo Finance’s Alexis Christoforous, Dan Roberts and Julia La Roche discuss.